COVID-19 leaving SMSF wind-up a more viable option
Adrian Flores
With COVID-19 significantly reducing the value of assets, it may be more appropriate for some smaller SMSFs to be wound up, the Tax Office a
With COVID-19 significantly reducing the value of assets, it may be more appropriate for some smaller SMSFs to be wound up, the Tax Office a
The financial services industry ombudsman has revealed it has received thousands of complaints from consumers relating to the COVID-19 cri
The corporate regulator has banned the directors of Linchpin Capital, the parent company of Beacon Financial Group, for five years each foll
An analysis of the government’s early superannuation release scheme has revealed that women are withdrawing a greater proportion of their
Many advisers and trustees overlook some key steps when it comes to super splitting that are “absolutely critical” to ensure a legally e
The Tax Office has now updated its JobKeeper compliance guidelines with new examples of schemes where there will be a high risk of the commi
A majority of Australians believed their superannuation fund would protect their retirement savings from a downturn before the COVID-19 pand
SuperConcepts has thrown its weight behind calls from Tax & Super Australia (TSA) to extend the lodgement dates for personal and company
As a recession becomes all but guaranteed due to the economic effects of COVID-19, a law firm has put forward a back-up pension drawdown str
Tax agents relying solely on the ATO’s JobKeeper guidance on its website may have been misled to believe their clients are ineligible for
Now is a good time to consider trustee distribution resolutions as the end of financial year nears, as getting them wrong can have major adv
Self-managed super assets within the Australian market decreased by $69.7 billion over the March quarter, new APRA figures reveal.
The Tax Office’s compliance approach to commercial rent relief from SMSF landlords raises questions as to what can be offered to related-p
The Financial Adviser Standards and Ethics Authority has released the results of its April exam session, revealing a drop in pass rates acro
Superannuation could be set to lose its preferential tax treatment in the COVID-19 recovery, an actuary has cautioned, with its chief noting
The corporate regulator has banned a Hunter Valley-based financial adviser for five years for not appropriately assessing whether limited re
The Federal Court has determined whether trusts that distribute capital gains to non-resident beneficiaries are taxable and will need to be
Reporting errors on the JobKeeper enrolment form, and a less severe fallout from COVID-19 restrictions, have resulted in the government over
The government’s introduction of the Retirement Income Covenant scheduled to start on 1 July has been deferred to allow continued consulta
A recent review from the Tax Practitioners Board has identified 74 tax practitioners that lodged 2017 and 2018 SMSF annual returns with an i
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